11 Franklin Street, Sturt SA 5047

4-bedroom house, 711m² block, wide 23m frontage | redevelopment or subdivision potential | 1960 solid build, study, multiple living areas | bushfire overlay present, no heritage or flood restrictions The buying case rests on the block’s geometry and zoning. A 23-metre wide frontage on 711m² is rare in Sturt, giving a buyer genuine subdivision or redevelopment optionality subject to council consent. The 1960 build is structurally sound with 218m² of living space, a study, and four garage spaces-features that suit a family seeking room now while holding land for future yield. The property sits in Seaview High School catchment and benefits from 5G and NBN Hybrid Fibre Coaxial, supporting remote work or tenant appeal. For a buyer willing to wait out the bushfire overlay’s modest constraint, this house offers a dual path: immediate occupation with a low coverage ratio and long-term land banking. The primary risk is the bushfire overlay, which may narrow the buyer pool and affect insurance premiums-costs that must be factored into any bid. The 2010 sale price of $364,000 is outdated, but recent estimates around $1,005,000 suggest the market already prices in the overlay’s discount. The opportunity lies in the wide frontage and 31% site coverage, which leaves room for a future dwelling or granny flat without demolishing the existing house. Hold for land appreciation, or subdivide once council appetite shifts.